1m ago
KUALA LUMPUR, Oct 24 (Bernama) -- Tenaga Nasional Bhd’s (TNB) share price climbed in early trade on Friday amid expectations that its regulated asset base will expand at an 11 per cent compound annual growth rate (CAGR) during the 2025-2027 regulatory period (RP4).
4m ago
KUALA LUMPUR, Aug 12 (Bernama) -- UUE Holdings Bhd shares rose in early trade today, buoyed by positive market sentiment.
5m ago
KUALA LUMPUR, July 3 (Bernama) -- The robust expansion of data centres (DCs) is expected to drive electricity demand, which in turn will increase the need for power generation and gas consumption, said Kenanga Investment Bank Bhd (Kenanga Research).
5m ago
KUALA LUMPUR, July 3 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares on Bursa Malaysia were hit in early trading today following the Federal Court’s decision to allow the Inland Revenue Board of Malaysia’s (IRB) appeal over an additional tax assessment notice issued to the company for the 2018 assessment year.
5m ago
KUALA LUMPUR, June 24 (Bernama) -- The Federation of Malaysian Manufacturers (FMM) has welcomed the electricity tariff restructuring under the Regulatory Period 4 (RP4), describing it as a rebasing exercise that offers greater cost transparency and encourages demand-side management.
5m ago
KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s Regulatory Period 4 (RP4) electricity tariff restructuring can serve as a powerful tool to promote behavioural change and accelerate the country’s low-carbon agenda, if paired with smart technologies, targeted financial incentives, and inclusive support mechanisms, an energy expert said.
5m ago
KUALA LUMPUR, June 20 (Bernama) -- More than 23.6 million domestic users in Peninsular Malaysia will benefit from fairer and more progressive electricity rates due to the newly approved electricity tariff schedule approved by the government, the Energy Commission (EC) announced today.
7m ago
KUALA LUMPUR, April 24 (Bernama) -- Tenaga Nasional Bhd (TNB) has more than doubled its budgeted capital expenditure (capex) to RM42.9 billion — comprising RM26.6 billion in base capex and RM16.3 billion in contingent capex — to support infrastructure development for Malaysia’s energy transition.
7m ago
KUALA LUMPUR, April 24 (Bernama) -- CIMB Investment Bank Bhd (CIMB) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 25 basis points to 2.75 per cent in July, citing growth concerns following tariffs imposed by the United States (US) on Malaysia and its key trading partners.
9m ago
KUALA LUMPUR, March 17 (Bernama) -- An analyst has viewed Tenaga Nasional Bhd (TNB) as a relative safe haven given its earnings resilience and undemanding valuation, amid the prevailing market volatility.
10m ago
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia's renewable energy (RE) sector is expected to enter a “multi-decade supercycle” as the country accelerates its energy transition.
11m ago
GEORGE TOWN, Jan 7 (Bernama) -- Penang has achieved several significant milestones in 2024, showcasing strong economic growth and social development, including attracting investments totalling RM31.38 billion.